Stellar (XLM) Eyes $0.30 Breakout as Altcoin Momentum Builds

Stellar (XLM) Eyes $0.30 Breakout as Altcoin Momentum Builds

Stellar (XLM) is gaining traction as attention shifts back to mid-cap altcoins, with technical signals pointing to a potential breakout toward the $0.30 mark. The cryptocurrency has reclaimed major exponential moving averagesthe 50 EMA, 100 EMA, and 200 EMAindicating that bullish momentum is regaining control over the midterm trend. Despite the current low trading volume, any surge in volume could serve as a catalyst for XLM to test the $0.30 re…

XLM Price Prediction: Underlying FOMO Sentiment, But Near-Term Gains Limited

XLM price returned to the upside on Friday, mirroring a broader crypto market rebound. The coin was up by 1.7% and traded at $0.298 at the time of writing, but is still down by 10.1% year-to-date. The coin’s 24-hour trading volume was up by 15%, signaling strengthening of the upside momentum. Bitcoin’s sustained stay above the $100k mark has provided the broader market with traction. The RSI on XLM price daily chart is at 57, which raises the pr…